Great Boulder Resources moves quickly to get drill spinning at new Whiteheads Gold Project

Proactive Investors Tuesday, 22 October 2019
Great Boulder Resources Ltd (ASX:GBR) has moved quickly to begin exploration at the new Whiteheads Gold Project in WA with a 2,000-metre reverse circulation (RC) drilling program underway. An exploration option over the brownfield project 60 kilometres north of Kalgoorlie was obtained by the company in an agreement with Zebina Minerals at the end of August. The initial program will consist of around 2,000 metres of RC drilling on advanced prospects at Seven Leaders, Lady Betty and Whiteheads Find. “Exciting project” “It’s good to have the rig turning at Whiteheads” said Great Boulder’s managing director Andrew Paterson. “We have a lot of field activity planned over the next few months to unlock the potential of this area. “It’s an exciting project and I’m looking forward to receiving the assay results from this drilling.” Whiteheads location map. The RC program is expected to take two weeks with assay results expected within three to four weeks of the completion of drilling. Further work GBR is planning further work on the Eastern Goldfields project, including: Structural mapping on the Whiteheads corridor; High-resolution dronemag (aerial magnetic geophysical) surveys over Seven Leaders and over the Lady Betty to Whiteheads Find area; and Soil sampling at Painkiller. Historical soil geochemistry on the Arsenal trend is also being reviewed with the intention of prioritising further auger sampling and/or aircore drilling. Range of projects With a focus on base metals and gold, the company has a range of projects from greenfields through to advanced exploration. Great Boulder Resources’ Eastern Goldfields projects. The company is well-positioned for future success with its advanced copper-nickel-cobalt projects including Mt Venn, Winchester and Whiteheads plus the backing of a strong technical team. New substantial shareholder GBR also has a new substantial shareholder with Chris Retzos holding a 5.19% stake. The Victorian-based investor, who has 6.925 million shares in two indirect interests, became a substantial shareholder on October 17, 2019. One batch of 3.875 million shares was purchased on-market on October 9 for total consideration of $155,000 and another batch of 3.05 million was purchased on-market on October 17 with a value of $122,000. Shares have risen to 6 cents in early trade, up from 4.6 cents on October 11.
Video Credit: TomoNews US - Published
News video: Great white shark bitten in the head by giant great white shark

Great white shark bitten in the head by giant great white shark 01:19

NORTH ATLANTIC OCEAN — Researchers found a great white shark with head injuries that were apparently inflicted by an even bigger shark in the North Atlantic Ocean. OCEARCH said in a Facebook post that its scientists named the shark Vimy before they tagged and released him. OCEARCH founding...

You Might Like

Related videos from verified sources

New TV Platforms Must Unite To Reduce Friction: MTM’s Watts [Video]

New TV Platforms Must Unite To Reduce Friction: MTM’s Watts

In the emerging future of television advertising, many opportunities lay ahead on the high seas. But, on the horizon, do advertisers see islands, or new lands for settling? In this video interview with..

Credit: BeetTV - Affiliate     Duration: 03:37Published
Card Making At Home | Cute Cards | Tutorial | DIY Crafts [Video]

Card Making At Home | Cute Cards | Tutorial | DIY Crafts

We have prepared a compilation of our favorite craft videos just for you so you can take as many ideas for your next art or craft project. This compilation contains videos on card making at home, card..

Credit: Looke Art and Craft - DIY Ideas     Duration: 58:04Published
Cooking To Thank Mentors - Random Acts Of Cooking (E2:P2) [Video]

Cooking To Thank Mentors - Random Acts Of Cooking (E2:P2)

St Benedict’s Prep in Newark, New Jersey is devoted to educating young men to help them fulfill their potential. In Part 2 of this 3 part episode of Random Acts of Cooking, Chef Plum is going to put..

Credit: HooplaHa     Duration: 08:55Published

Related news from verified sources

Great Boulder Resources completes capital raising, gold drilling next week

Great Boulder Resources Ltd (ASX:GBR) has successfully raised $2 million through a share placement and rights issue. The company is now fully funded for its...
Proactive Investors

Great Boulder Resources' rights issue may raise more than $1.334 million

Great Boulder Resources Ltd (ASX:GBR) has completed a non-renounceable rights entitlement offer of one share for every three shares held by eligible...
Proactive Investors

Cassini Resources drill results show emerging gold opportunity at Mount Squires

Cassini Resources Ltd (ASX:CZI) has received final assay results from drilling at the Mount Squires Project in Western Australia. Assays from the 10...
Proactive Investors

Tweets about this